(A) A tax is imposed on the transfer of title to real estate located in the village as evidenced by the recordation of a deed by any person or by the delivery of any deed or assignment of interest of said real property, whether investing the owner with the beneficial interest in or legal title to the property or merely the possession or use thereof for any purpose or to secure future payment of money or the future transfer of any such real property.
(B) The tax imposed shall be $5 for every $1,000 value or fraction thereof as stated in the declaration.
(Ord. 96-6, passed 3-13-96)